ASX Midday Sector Update: Utilities Stocks Jump, Information Technology Struggle

MT Newswires Live

Feb 20

Shares of firms in the utilities sector jumped 1% at midday Friday.

Origin Energy (ASX:ORG) rose nearly 1% in recent trade.

The Australian Stock Exchange was also boosted by materials firms, amid rising gold prices. Newmont (ASX:NEM) reported fourth-quarter adjusted earnings of $2.52 per share, up from $1.40 a year earlier.

On the flip side, the information technology sector dropped 3%.

Megaport (ASX:MP1) reported a fiscal first-half loss of AU$0.12 per share, swinging from earnings of AU$0.01 a year earlier.

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Newmont (ASX:NEM) reported fourth-quarter adjusted earnings of $2.52 per share, up from $1.40 a year earlier.</p><p>On the flip side, the information technology sector dropped 3%.</p><p>Megaport (ASX:MP1) reported a fiscal first-half loss of AU$0.12 per share, swinging from earnings of AU$0.01 a year earlier.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"III","symbol_name":"信息服务","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2612984258","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612984258","pubTimestamp":1771554725,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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